Microsoft will not give employees salary raise this year
1 year, 7 months ago

Microsoft will not give employees salary raise this year

The Hindu  

Microsoft Corp. will not raise salaries for full-time employees this year and is reducing budget for bonuses and stock awards, Insider reported on Wednesday, citing an internal email by CEO Satya Nadella. "Last year, we made a significant investment in compensation driven by market conditions and company performance, nearly doubling our global merit budget.this year the economic conditions are very different across many dimensions" the report quoted Nadella saying. In January, Microsoft said it would let go of 10,000 workers, adding to the tens of thousands of layoffs announced across the technology sector as it deals with slowing growth in a turbulent economy. In collaboration with ChatGPT maker OpenAI, which also has received billions of dollars in funding from Microsoft, the tech giant has been infusing the AI tech into its Office products as well as search engine Bing.

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History of this topic

Sam Altman-led OpenAI targets 1 billion users by 2025 on the back of Apple partnership
3 weeks, 3 days ago

Sam Altman-led OpenAI targets 1 billion users by 2025 on the back of Apple partnership

Firstpost  

“If you get to that threshold, you’re competing with Google and Facebook,” a venture capital investor said OpenAI is aiming to reach 1 billion users by 2025 as it rolls out new artificial intelligence products, builds its own data centres, and strengthens its partnership with Apple. The San Francisco-based company, known for its ChatGPT chatbot with 250 million weekly active …

Microsoft CEO's Pay Soars 63% Despite Company Layoffs
1 month, 4 weeks ago

Microsoft CEO's Pay Soars 63% Despite Company Layoffs

Hindustan Times  

Microsoft CEO Satya Nadella's jaw-dropping pay jump despite the company's massive layoffs has been revealed, with his total compensation rising to $79.1 million, a 63% increase from the previous year. Nadella's bonus was reduced by $5.46 million due to cybersecurity lapses, but he still pockets a significant amount of money, reflecting strong company performance and his accountability for security lapses …

OpenAI raises $6.6 billion in funds at $157-billion valuation
2 months, 3 weeks ago

OpenAI raises $6.6 billion in funds at $157-billion valuation

LA Times  

OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157-billion valuation and bolstering its efforts to build the world’s leading generative AI technology. Microsoft Corp., OpenAI’s largest backer, put in about $750 million, on top of the $13 billion it had already invested in the startup, according to a person familiar …

Today’s top tech news: Apple, Nvidia expected to join OpenAI funding; Nvidia’s forecast dampens AI enthusiasm; Character.AI lays off 5% staff
3 months, 3 weeks ago

Today’s top tech news: Apple, Nvidia expected to join OpenAI funding; Nvidia’s forecast dampens AI enthusiasm; Character.AI lays off 5% staff

The Hindu  

Apple, Nvidia expected to join OpenAI funding Apple and Nvidia are in talks to invest in OpenAI as part of a new fundraising round that would value the ChatGPT maker above $100 billion, according to media reports on Thursday. OpenAI has become increasingly important to Apple’s artificial intelligence strategy, with the iPhone maker bringing the AI firm’s chatbot, ChatGPT, to …

OpenAI holds talks with Broadcom about developing new AI chip, the Information reports
5 months ago

OpenAI holds talks with Broadcom about developing new AI chip, the Information reports

The Hindu  

ChatGPT maker OpenAI is in discussion with chip designers, including Broadcom, about developing a new artificial intelligence chip, the Information reported on Thursday, citing people familiar with the matter. The Microsoft-backed company is hiring former Google employees who produced the online search giant's own AI chip, the tensor processing unit, and has decided to develop an AI server chip, the …

AI Is Coming for Big Tech Jobs—but Not in the Way You Think
6 months, 1 week ago

AI Is Coming for Big Tech Jobs—but Not in the Way You Think

Wired  

Aaron Damigos’ inbox was hit with a dreaded, ubiquitous business-update calendar invite on June 3. An email to employees from Jason Zander, executive vice president of strategic missions and technologies at Microsoft, leaked to Business Insider, blamed a pivot to invest in artificial intelligence: “Our clear focus as a company is to define the AI wave and empower all our …

OpenAI doubles annualised revenue to $3.4 billion, says report
6 months, 1 week ago

OpenAI doubles annualised revenue to $3.4 billion, says report

Live Mint  

OpenAI is on pace for $3.4 billion of annual revenue, Chief Executive Officer Sam Altman told the company’s staff, according to a person familiar with the matter. In an all-hands meeting Wednesday, Altman said the vast majority of that revenue — about $3.2 billion — comes from OpenAI’s products and services, according to the person, who spoke on condition of …

Microsoft Layoffs: Tech Giant Fires Over 1,000 Employees Across Departments, Says Report
6 months, 2 weeks ago

Microsoft Layoffs: Tech Giant Fires Over 1,000 Employees Across Departments, Says Report

ABP News  

Microsoft Layoffs: Microsoft is reportedly laying off its workforce, with reports indicating that over 1,000 employees are being laid off across various units. According to The Information report, citing sources familiar with the matter, “most of the job cuts are within the company’s Strategic Missions and Technologies org, which aims to sell Microsoft’s cloud software and server rentals for businesses …

Microsoft will invest $1.7 billion in AI and cloud infrastructure in Indonesia
7 months, 3 weeks ago

Microsoft will invest $1.7 billion in AI and cloud infrastructure in Indonesia

Associated Press  

JAKARTA, Indonesia — Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia — the single largest investment in Microsoft’s 29-year history in the country — Microsoft CEO Satya Nadella said Tuesday. A study held by Kearney, a global consulting firm, said that AI could contribute nearly $1 trillion to Southeast …

Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products
7 months, 4 weeks ago

Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products

Associated Press  

Microsoft on Thursday said its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productive. Quarterly revenue from Microsoft’s cloud computing business segment grew to $26.7 billion, up 21% from last year’s January-March quarter. Gartner analyst Jason Wong said many of Microsoft’s customers have …

Crystal ball review: AI has evolved only partly as predicted a quarter ago
8 months, 1 week ago

Crystal ball review: AI has evolved only partly as predicted a quarter ago

Live Mint  

Even as humanity frets about all the jobs AI will impact, one profession clearly under threat is that of predicting the future. With the year’s first frenzied quarter having drawn to a close, here it is: Tech wars would rage: The AI race would accelerate, I said, with the Microsoft-OpenAI alliance in fierce contest with a resurgent Google. AI will …

Microsoft to Invest $2.9 Billion to Boost AI, Cloud in Japan
8 months, 2 weeks ago

Microsoft to Invest $2.9 Billion to Boost AI, Cloud in Japan

Live Mint  

-- Microsoft Corp. will invest $2.9 billion over the next two years to boost its hyperscale cloud computing and artificial intelligence infrastructure in Japan, marking its biggest investment in the country. The announcement was made on Tuesday in Washington after Microsoft President Brad Smith met Japanese Prime Minister Fumio Kishida, who is in the US for the first official visit …

Microsoft and OpenAI are planning to build $100 billion supercomputer to power AI: Where will it be located?
8 months, 3 weeks ago

Microsoft and OpenAI are planning to build $100 billion supercomputer to power AI: Where will it be located?

Hindustan Times  

Microsoft and OpenAI are reportedly planning a supercomputer which will uses millions of specialized server chips and may cost up to $100 billion, The Information reported. Stargate, could launch as soon as 2028, the outlet reported citing people in the know, who also said that executives at both companies have already drawn up plans for the data center project. A …

OpenAI is already close to $2 bn in revenue as growth skyrockets, had managed $1 bn last year
10 months, 1 week ago

OpenAI is already close to $2 bn in revenue as growth skyrockets, had managed $1 bn last year

Firstpost  

OpenAI has achieved a remarkable milestone, with its annualised revenues crossing the $2 billion mark, driven primarily by the widespread adoption of its leading artificial intelligence product, ChatGPT. This exponential growth trajectory positions OpenAI alongside esteemed Silicon Valley counterparts like Google and Meta, achieving revenues of $1 billion within a decade of its inception. Despite internal disruptions in November, including …

Microsoft's Nadella woos Indian developers to the company's AI tools
10 months, 2 weeks ago

Microsoft's Nadella woos Indian developers to the company's AI tools

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Microsoft CEO Satya Nadella urged …

Microsoft's OpenAI Bet Pays Off, Becomes Second Company After Apple To Cross $3-Trillion Market Value
10 months, 4 weeks ago

Microsoft's OpenAI Bet Pays Off, Becomes Second Company After Apple To Cross $3-Trillion Market Value

ABP News  

In a significant market development on Wednesday, Microsoft achieved a milestone by surpassing the $3 trillion valuation mark for the first time. Microsoft's strategic positioning in the market dominance race within the realm of generative artificial intelligence is notably underscored by its investment in OpenAI, the creator of ChatGPT. This move positions Microsoft as a frontrunner alongside other tech giants …

Microsoft CEO defends OpenAI partnership after EU, UK probes
11 months, 1 week ago

Microsoft CEO defends OpenAI partnership after EU, UK probes

New Indian Express  

Microsoft CEO Satya Nadella on Tuesday defended his company's multi-billion-dollar investment in ChatGPT developer OpenAI after the EU and Britain launched probes into whether it resembles a merger. "If we want competition in AI against some of the players who are completely already integrated, I think partnerships is one avenue of, in fact, having competition," Nadella said. Microsoft has poured …

OpenAI in Talks to Raise New Funding, Could Be Valued at $100 Billion
1 year ago

OpenAI in Talks to Raise New Funding, Could Be Valued at $100 Billion

News 18  

– OpenAI is in early talks to raise a fresh round of funding at a valuation at or above $100 billion, Bloomberg News reported on Friday, citing people with knowledge of the matter. OpenAI has also held discussions to raise funding for a new chip venture with Abu Dhabi-based G42, according to the report. It is unclear if the chip …

OpenAI reportedly in talks to raise new funding at $100 billion valuation
1 year ago

OpenAI reportedly in talks to raise new funding at $100 billion valuation

Firstpost  

The report stated that OpenAI has talked about raising between $8 billion and $10 billion from G42, but it is unclear if the chip venture and broader company funding were related OpenAI is in early talks to raise a new round of funding at a valuation of at least $100 billion, a Bloomberg report said citing people familiar with the …

Column: This was the year of AI. Next year is when you should worry about your job
1 year ago

Column: This was the year of AI. Next year is when you should worry about your job

LA Times  

The biggest story in tech this year was, without a doubt, the explosive ascent of AI. See, we’re nearing the end of the Year of Generative AI, and few of the companies working in the space have pieced together a promising way to turn the hype into profits. In October, the Wall Street Journal ran a report headlined “Big Tech …

Microsoft’s answer to OpenAI inquiry: It doesn’t own a stake
1 year ago

Microsoft’s answer to OpenAI inquiry: It doesn’t own a stake

LA Times  

With global regulators examining Microsoft Corp.’s $13-billion investment in OpenAI, the software giant has a simple argument it hopes will resonate with antitrust officials: It doesn’t own a traditional stake in the buzzy startup, so can’t be said to control it. The U.S. Federal Trade Commission is also examining the nature of Microsoft’s investment in OpenAI and whether it may …

Microsoft is now open to hire OpenAI employees, says will match salaries if they quit
1 year, 1 month ago

Microsoft is now open to hire OpenAI employees, says will match salaries if they quit

India Today  

The recent turmoil at OpenAI following the removal of CEO Sam Altman has led many employees to contemplate leaving the company. Over 500 employees have threatened to resign and join former CEO Sam Altman in his new project at Microsoft, while others are actively seeking opportunities with other tech giants such as Google. "To my partners at OpenAI: We have …

There is No OpenAI Without Microsoft Leaning In: Microsoft CEO Satya Nadella Opens Up About The Manic Weekend
1 year, 1 month ago

There is No OpenAI Without Microsoft Leaning In: Microsoft CEO Satya Nadella Opens Up About The Manic Weekend

News 18  

It has been a hectic 48 hours for Microsoft CEO Satya Nadella as he juggled between India-Australia World Cup final, and the continued soap opera at OpenAI. “We have the compute, the data and everything to take AI into the next phase which gives us significant rights on OpenAI,” Nadella explained during the episode with noted journalist Kara Swisher. Ever …

Microsoft hires Sam Altman: Tracing 7-year-partnership between OpenAI and tech giant
1 year, 1 month ago

Microsoft hires Sam Altman: Tracing 7-year-partnership between OpenAI and tech giant

Firstpost  

Microsoft’s hiring of ousted OpenAI CEO Sam Altman on Monday marks another twist in the seven-year-old relationship between the US giant and the startup that created ChatGPT OpenAI’s CEO, Sam Altman, was sacked last Friday and the company chose Mira Murati as interim CEO for a limited time in order to bring Emmett Shear, co-founder of the streaming site Twitch, …

Column: OpenAI’s board had safety concerns. Big Tech obliterated them in 48 hours
1 year, 1 month ago

Column: OpenAI’s board had safety concerns. Big Tech obliterated them in 48 hours

LA Times  

It’s not every day that the most talked-about company in the world sets itself on fire. For a high-flying company’s own board to dump a CEO of such stature on a random Friday, with no warning or previous sign that anything serious was amiss — Altman had just taken center stage to announce the launch of OpenAI’s app store in …

Satya Nadella on Microsoft's plans after OpenAI sacks CEO Sam Altman: ‘We will…’
1 year, 1 month ago

Satya Nadella on Microsoft's plans after OpenAI sacks CEO Sam Altman: ‘We will…’

Hindustan Times  

Soon after OpenAI, the company that launched ChatGPT a year ago, removed its CEO Sam Altman, speculation was rife that Microsoft Corp., the world’s largest maker of software and OpenAI’s biggest backer, might have been involved in his removal. But Microsoft chief executive officer Satya Nadella tried to ease any concerns Altman’s departure could hurt his company’s long-term artificial intelligence …

AI firm backed by Microsoft fires its chief
1 year, 1 month ago

AI firm backed by Microsoft fires its chief

The Telegraph  

The company behind the world’s best-known artificial intelligence service, ChatGPT, sacked its chief executive, Sam Altman, on Friday night. The company swiftly built up a following, with 100m people using ChatGPT every week and has seen many of the world’s largest companies scramble to adopt the technology. On Thursday, Mr Altman told the Asia-Pacific Economic Cooperation conference in San Francisco …

OpenAI in talks to sell shares at $86 billion valuation, report says
1 year, 2 months ago

OpenAI in talks to sell shares at $86 billion valuation, report says

The Hindu  

Microsoft-backed AI firm OpenAI is in talks to sell existing employees’ shares with potential investors at an $86 billion valuation, a report by Bloomberg stated. Last month, the Wall Street Journal reported that the ChatGPT maker was seeking to sell shares at a valuation of up to $90 billion. At $86 billion, OpenAI would become one of the world’s most …

OpenAI revenue $1.3 billion annualised rate, says report
1 year, 2 months ago

OpenAI revenue $1.3 billion annualised rate, says report

The Hindu  

Microsoft-backed AI firm OpenAI is generating revenue at a pace of $1.3 billion a year, CEO Sam Altman told company staff this week, a report by The Information revealed. This would mean that the ChatGPT-maker is making more than $100 million a month in revenue, a 30% jump from early this year when it was reported that OpenAI was projected …

ChatGPT Creator OpenAI To Host First Developer Conference In November
1 year, 3 months ago

ChatGPT Creator OpenAI To Host First Developer Conference In November

ABP News  

OpenAI, the creator of viral artificial intelligence chatbot ChatGPT is set to host its first developer conference in November. OpenAI will host its first developer conference in San Francisco on November 6. Today, over 2 million developers are using GPT-4, GPT-3.5, DALL·E and Whisper for a wide range of use cases—from integrating smart assistants into existing applications to building entirely …

ChatGPT Creator OpenAI Set To Generate $1 Billion In Revenue In Over 12 Months: Report
1 year, 3 months ago

ChatGPT Creator OpenAI Set To Generate $1 Billion In Revenue In Over 12 Months: Report

ABP News  

OpenAI, the creator of artificial intelligence chatbot ChatGPT, is likely to generate over $1 billion in revenue in the next 12 months, says a report by The Information. Besides the viral chatbot ChatGPT, the company makes money by selling API access to its AI models for developers and enterprises directly and through a partnership with Microsoft, which invested over $10 …

ChatGPT-Creator OpenAI May Go Bankrupt By Next Year: Report
1 year, 4 months ago

ChatGPT-Creator OpenAI May Go Bankrupt By Next Year: Report

ABP News  

OpenAI, the artificial intelligence venture led by Sam Altman, is facing potential financial turbulence, according to an analysis presented by Analytics India Magazine. Comparing figures from June to July 2023, a reduction of 12 per cent in the user base was recorded, signifying a drop from 1.7 billion users to 1.5 billion users, as corroborated by SimilarWeb's data. Analytics India …

AI lesson for Microsoft and Google: Spend money to make money
1 year, 4 months ago

AI lesson for Microsoft and Google: Spend money to make money

The Hindu  

Artificial intelligence is expected to pay off big for tech giants including Microsoft and Alphabet someday. "They're buying a bunch of H100s," said Ben Bajarin, chief executive and principal analyst of Creative Strategies, referring to Nvidia's flagship chips for AI. "As far as AI is concerned, while Google may have spent upwards of $200 billion on AI investments over the …

Microsoft’s Satya Nadella Is Betting Everything on AI
1 year, 6 months ago

Microsoft’s Satya Nadella Is Betting Everything on AI

Wired  

I never thought I'd write these words, but here goes. Nadella hopped all over the company and stayed through the downtimes, including after Microsoft's epic antitrust court battle and when it missed the smartphone revolution. He open-sourced products such as.net, made frenemies of former blood foes, and began a series of big acquisitions, including Mojang, Linked­In, and GitHub—networks whose loyal …

ChatGPT creator warns of ‘existential risk’ from AI within a decade
1 year, 7 months ago

ChatGPT creator warns of ‘existential risk’ from AI within a decade

The Telegraph  

ChatGPT creator OpenAI has warned that superhuman artificial intelligence posing an “existential risk” to humanity could become reality within just ten years. The startup’s top bosses have called for the regulation of AI and warned that “superintelligence” is comparable to nuclear energy in terms of the risks it poses to mankind. OpenAI’s chief executive Sam Altman, president Greg Brockman, and …

No salary hike for Microsoft employees, tech giant slashes budgets for salaries and bonuses to staff
1 year, 7 months ago

No salary hike for Microsoft employees, tech giant slashes budgets for salaries and bonuses to staff

Firstpost  

Microsoft Corporation has decided not to increase salaries for full-time employees in the current year, according to a report by Insider. As of now, The report quoted Nadella explaining that the decision was influenced by the different economic conditions compared to the previous year when the company made significant investments in compensation due to market conditions and company performance, nearly …

Inside Microsoft’s bid to win Silicon Valley’s cut-throat AI race
1 year, 7 months ago

Inside Microsoft’s bid to win Silicon Valley’s cut-throat AI race

The Telegraph  

Artificial intelligence’s big bang moment is here – and it will bring a lot of money to those who get it right. The Bill Gates-founded company signed a deal to use OpenAI’s technology in its Bing search engine and reportedly invested $10bn in the company. During an unexpectedly sunny visit to Microsoft’s usually rain soaked campus in Redmond, Washington, executives …

Meta seeks OpenAI's help to create AI coding assistant for its engineers
1 year, 7 months ago

Meta seeks OpenAI's help to create AI coding assistant for its engineers

India TV News  

Meta has reportedly been in touch with Microsoft and OpenAI to develop an artificial intelligence coding assistant for its engineers. As per the 'Command Line' by The Verge's Alex Heath, Meta CTO Andrew Bosworth recently told employees about the plan, saying the cost of building an AI coding engineer is "crazy" at about seven cents per query. "That's the only …

Google, Microsoft top expectations as AI rivalry heats up
1 year, 7 months ago

Google, Microsoft top expectations as AI rivalry heats up

Live Mint  

Google parent company Alphabet beat market expectations in the first quarter of 2023 with a net profit of $15 billion, the company said on Tuesday, in a sign that the search engine behemoth is regaining its footing. "We'll continue to incorporate generative AI advances to make search better in a thoughtful and deliberate way," Google chief Sundar Pichai said during …

ChatGPT-Creator OpenAI CEO Sam Altman Says It Will Eliminate A Lot Of Current Jobs
1 year, 9 months ago

ChatGPT-Creator OpenAI CEO Sam Altman Says It Will Eliminate A Lot Of Current Jobs

ABP News  

According to Sam Altman, the CEO of OpenAI, the company that created ChatGPT, artificial intelligence technology has the potential to drastically change society, but also has real dangers, as reported by ABC News. He believes that AI chatbots could "eliminate a lot of current jobs" but also has the potential to be "the greatest technology humanity has yet developed" to …

Microsoft Applies AI Powers Behind Behind ChatGPT to Excel, Outlook
1 year, 9 months ago

Microsoft Applies AI Powers Behind Behind ChatGPT to Excel, Outlook

News 18  

Microsoft pressed on with its AI revolution on Thursday, announcing that it would apply the powers behind ChatGPT to its iconic Excel, Word and Outlook programs. The thrust of the new release is that generative AI, the term for ChatGPT style capabilities, will function as an assistant for users of Microsoft’s popular workplace software and not unilaterally take over office …

Amid ChatGPT Craze, Microsoft Lays Off Ethical AI Team: Report
1 year, 9 months ago

Amid ChatGPT Craze, Microsoft Lays Off Ethical AI Team: Report

ABP News  

Microsoft has reportedly laid off its entire AI ethics and society team as part of its larger job cuts. According to sources cited in a report by Platformer, the move leaves Microsoft without a dedicated team to ensure that its AI principles are closely tied to product design, at a time when the company is pushing to make AI tools …

Microsoft lays off ethical team that critically assessed AI tools like ChatGPT
1 year, 9 months ago

Microsoft lays off ethical team that critically assessed AI tools like ChatGPT

India Today  

Microsoft has reportedly laid off the entire "ethics and society" team within the AI organisation as a part of recent layoffs that impacted 10,000 workers globally. The report notes that Microsoft maintains an "active Office of Responsible AI, whose task is to create rules and principles to govern the company's AI initiatives." Platformer also spoke to some former workers who …

Elon Musk criticizes Microsoft's for its control over ChatGPT parent company OpenAI – India TV
1 year, 10 months ago

Elon Musk criticizes Microsoft's for its control over ChatGPT parent company OpenAI – India TV

India TV News  

Elon Musk, the Twitter CEO and co-founder of the latest multibillion dollar company OpenAI, has slammed Microsoft for taking control of the Chatbots parent company. He mentioned that OpenAI, an AI research lab he founded in 2015, was never about profits and accelerated investments would be too great for any single company or person to control. Microsoft controls the ChatGPT …

Microsoft Could Soon Introduce ChatGPT-like AI To Word, PowerPoint And Outlook: Report
1 year, 10 months ago

Microsoft Could Soon Introduce ChatGPT-like AI To Word, PowerPoint And Outlook: Report

News 18  

Days after announcing OpenAI’s integration with Bing, Microsoft is all set to take another major step forward in its effort to push and integrate artificial intelligence technology into its core productivity suite. The details of Microsoft’s productivity plans for integrating OpenAI’s language AI technology will be revealed in the coming weeks, according to sources cited by The Verge. Additionally, it …

Microsoft to revamp its web browser and search engine with more AI, as Google rivalry heats up
1 year, 10 months ago

Microsoft to revamp its web browser and search engine with more AI, as Google rivalry heats up

The Hindu  

Microsoft Corp is revamping its Bing search engine and Edge web browser with artificial intelligence, the company said on Tuesday, in one of its biggest efforts yet to lead a new wave of technology and reshape how people gather information. Microsoft Consumer Chief Marketing Officer Yusuf Mehdi said at the briefing that the Bing search engine will be powered by …

ChatGPT could make white collar jobs obsolete as Microsoft pumps billions into the AI
1 year, 10 months ago

ChatGPT could make white collar jobs obsolete as Microsoft pumps billions into the AI

Daily Mail  

ChatGPT, the revolutionary AI software taking the internet by storm, could soon put millions out of work by making white collar jobs obsolete, experts have warned. Microsoft announced a 'multi-year, multi-billion-dollar investment' in ChatGPT as it moves to sack nearly five percent of its global workforce this month as 'tech wreck' sweeps Silicon Valley. Pengcheng Shi, an associate dean in …

Microsoft invests billions in ChatGPT maker OpenAI
1 year, 11 months ago

Microsoft invests billions in ChatGPT maker OpenAI

The Hindu  

Microsoft says it is making a “multiyear, multibillion dollar investment” in the artificial intelligence startup OpenAI, maker of ChatGPT and other tools that can write readable text and generate new images. “In this next phase of our partnership,” customers who use Microsoft’s Azure cloud computing platform will have access to new AI tools to build and run their applications,” said …

Microsoft invests more than $10 billion in ChatGPT’s parent organisation OpenAI
1 year, 11 months ago

Microsoft invests more than $10 billion in ChatGPT’s parent organisation OpenAI

Firstpost  

Mircosoft plans to integrate OpenAI’s ChatGPT in Office, Bing and a bunch of other services. Microsoft is hoping that OpenAI’s ChatGPT is developed in a manner that would allow them to integrate the AI chatbot across various programmes that Microsoft offers, including the Office suite, as well as the Bing search engine. Besides investing a hefty amount into OpenAI, Microsoft …

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